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Since 18th April, 2020, 347 FDI Proposals have been received by the Government from countries sharing land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country.
The value of investments proposed in the aforementioned proposals received by the Government is approximately INR 75,951 Crore.
Of the aforementioned proposals, 66 proposals have so far been granted approval by the Government. 193 cases have been rejected or closed or withdrawn. The sector-wise breakup of approved proposals along with total value of investments in the sector is placed below:
Sector-wise breakup of approved proposals along with total value of investments in the sector:
S.No | Sector | Number of Proposals | Total value of investments in the sector (approximately) in INR Crore |
1 | Automobile Industry | 7 | 79.61 |
2 | Chemicals (Other Than Fertilizers) | 5 | 82.25 |
3 | Computer Software & Hardware | 3 | 10.68 |
4 | Drugs & Pharmaceuticals | 4 | 5037.00 |
5 | Dye-Stuffs | 1 | 5.44 |
6 | Education | 1 | 0.10 |
7 | Electrical Equipments | 1 | 20.00 |
8 | Electronics | 8 | 1575.79 |
9 | Food Processing Industries | 2 | 5.93 |
10 | Information & Broadcasting (Including Print Media) | 1 | 3.00 |
11 | Machine Tools | 1 | 37.80 |
12 | Miscellaneous Industries | 8 | 241.92 |
13 | Non- Conventional Energy | 6 | 2810.00 |
14 | Petroleum And Natural Gas | 1 | 20.00 |
15 | Power | 1 | 755.00 |
16 | Services Sector (Fin., Banking, Insurance, Non Fin/Business, Outsourcing, R&D, Courier, Tech. Testing And Analysis, Other) | 11 | 2907.81 |
17 | Telecommunications | 1 | 0.00 |
18 | Textiles (Including Dyed,Printed) | 1 | 1.90 |
19 | Trading | 3 | 30.65 |
Total | 66 | 13,624.88 | |
This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri Som Parkash, in a written reply in the Lok Sabha today.
FDI from neighbouring countries flagged for beneficial owner scrutiny, with approvals and sectoral investments disclosed by government. Since 18 April 2020 the Government received 347 FDI proposals from countries sharing a land border with India or where the beneficial owner is such a citizen, totaling about INR 75,951 crore; 66 proposals were approved, 193 were rejected/closed/withdrawn, and the 66 approved proposals total approximately INR 13,624.88 crore across specified sectors.Press 'Enter' after typing page number.